If there are positions or rights to subscribe to disclose in more
than one class of relevant securities of the offeror or offeree named in
1(b), copy table 2(a) or (b) (as appropriate) for each additional class
of relevant security.

(a) Interests and short positions in the relevant securities of the
offeror or offeree to which the disclosure relates following the dealing
(if any)

Class of relevant security:

ORD

Interests

Short Positions

Number

(%)

Number

(%)

(1)

Relevant securities owned

and/or controlled:

10,035,954

0.58%

7,207,111

0.42%

(2)

Cash-settled derivatives:

1,770,146

0.10%

7,717,970

0.45%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

11,806,100

0.69%

14,925,081

0.87%

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including
traded options), or agreements to purchase or sell relevant securities,
should be given on a Supplemental Form 8 (Open Positions).

(b) Rights to subscribe for new securities (including directors’ and
other employee options)

Class of relevant security in relation to which subscription right
exists:

Details, including nature of the rights concerned and relevant
percentages:

3. DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER

Where there have been dealings in more than one class of relevant
securities of the offeror or offeree named in 1(b), copy table 3(a),
(b), (c) or (d) (as appropriate) for each additional class of relevant
security dealt in.

The currency of all prices and other monetary amounts should be
stated.

(a) Purchases and sales

Class of relevant

Purchase/sale

Total number of

Highest price per unit

Lowest price per unit

security

securities

paid/received

paid/received

50p ORD

Purchase

475,713

9.8435 GBP

9.805 GBP

50p ORD

Sale

423,991

9.8350 GBP

9.805 GBP

(b) Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

50p ORD

CFD

Long

32

9.8131 GBP

50p ORD

SWAP

Long

1,276

9.8232 GBP

50p ORD

CFD

Long

2,000

9.8091 GBP

50p ORD

SWAP

Long

2,022

9.8210 GBP

50p ORD

SWAP

Long

7,370

9.8313 GBP

50p ORD

CFD

Long

8,000

9.8237 GBP

50p ORD

SWAP

Long

25,088

9.8260 GBP

50p ORD

SWAP

Long

28,324

9.8234 GBP

50p ORD

CFD

Short

500

9.8264 GBP

50p ORD

CFD

Short

767

9.8435 GBP

50p ORD

CFD

Short

1,012

9.8336 GBP

50p ORD

SWAP

Short

1,250

9.8300 GBP

50p ORD

SWAP

Short

4,675

9.8309 GBP

50p ORD

CFD

Short

12,686

9.8400 GBP

50p ORD

SWAP

Short

19,956

9.8270 GBP

50p ORD

SWAP

Short

33,211

9.8259 GBP

50p ORD

CFD

Short

34,088

9.8250 GBP

50p ORD

SWAP

Short

34,088

9.8250 GBP

50p ORD

SWAP

Short

41,883

9.8276 GBP

(c) Stock-settled derivative transactions (including options)

(i) Writing, selling, purchasing or varying

Class of relevant security

Product description e.g. call option

Writing, purchasing, selling, varying etc.

Number of securities to which option relates

Exercise price per unit

Type

e.g. American, European etc.

Expiry date

Option money paid/ received per unit

(ii) Exercise

Class of relevant security

Product description

e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

(d) Other dealings (including subscribing for new securities)

Class of relevant security

Nature of dealing

e.g. subscription, conversion

Details

Price per unit (if applicable)

4. OTHER INFORMATION

(a) Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or
understanding, formal or informal, relating to relevant securities
which may be an inducement to deal or refrain from dealing entered
into by the exempt principal trader making the disclosure and any
party to the offer or any person acting in concert with a party to
the offer:

Irrevocable commitments and letters of intent should not be
included. If there are no such agreements, arrangements or
understandings, state “none”

None

(b) Agreements, arrangements or understandings relating to options or
derivatives

Details of any agreement, arrangement or understanding, formal or
informal, between the exempt principal trader making the disclosure
and any other person relating to:

(i) the voting rights of any relevant securities under any option;
or

(ii) the voting rights or future acquisition or disposal of any
relevant securities to which any derivative is referenced:

If there are no such agreements, arrangements or
understandings, state “none”

None

(c) Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:

26 Apr 2017

Contact name:

Jay Supaya

Telephone number:

0207 773 0635

Public disclosures under Rule 8 of the Code must be made to a
Regulatory Information Service.

The Panel’s Market Surveillance Unit is available for consultation in
relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.